ASOMY News and Press, Asos plc ADR From 05/16/23

2023-05-16 02:05:00 ET Summary After a mixed week of results, S&P 500 EPS growth for Q1 2023 falls slightly from last week, now set to come in at -2.5%. Potential earnings surprise this week: boohoo group. Retailers out in full force this week: HD, LOW, TGT, WMT, TJX, ROST...

2023-04-28 11:08:15 ET Summary ASOS is up 42% since the start of 2023 and investors appear focused on the turnaround plan of its new CEO. Total group revenue was down by 3% in the four months till the end of December. The company is guiding for fiscal 2023 cash outflow to not ...

Summary Boohoo and ASOS are both struggling to adapt to the post-pandemic world of fast fashion eCommerce sales with common shares of both down markedly over the last three years. Both companies are still profitable, albeit at reduced levels. Continued economic headwinds will come f...

Summary ASOS has profitably grown revenues every year since its inception in 2000 and is now a £4Bn revenue fashion e-tailer operating across 200 countries in 10 languages. With regard to COIVD, ASOS experienced headwinds in the form of supply chain disruptions, increasing fr...

Summary ASOS posted a below-par trading update, led by weaker August sales numbers. The near-term guidance has been revised downward, and more revisions could follow in the coming months. With a new CEO also adding uncertainty to the mid-term trajectory, I would remain sidelin...

ASOS has been a wild ride for long-term investors, with several peak-to-trough declines of over 50% in the last 10 years. Shares have fallen more than 80% from their recent peak in late 2021 to around £10 per share, a level not seen since 2010. The manic swings seen in the AS...

ASOS has built and maintains an exceptionally strong position in the fast fashion market. The company's share price has experienced a long bleed-out since the start of 2021. This fall has accelerated following the latest trading update. ASOS now trades at five times 2021 Operating...

ASOS has a strong brand and global footprint, and its geographic expansion offers an excellent opportunity for growth. The appointment of the new CEO has removed a great deal of uncertainty, even if the market seems to focus only on the negative aspects while ignoring the good ones. ...

ASOS Plc (ASOMF) Half Year 2022 Earnings Conference Call April 12, 2022, 04:30 AM ET Company Participants Mat Dunn - Chief Operating Officer and Chief Financial Officer Katy Mecklenburgh - Director, Group Finance. Conference Call Participants Charlie Muir-Sands - BNP Paribas Exane Mike Benedi...

ASOS is primed finally to launch a full expansion into the U.S. with its Nordstrom equity partnership. McKinsey notes online fashion sales have increased significantly, with this trend likely to continue. The Arcadia brands acquired in 2021 will continue to support strong revenue ...